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Equity participation note
A note or other debt instrument whose redemption value or interest (or both) are determined relative to the return on a stock or stock portfolio.
In the case of a note whose return is tied to a stock index, the term equity index-linked note is used.
Translations
Synonyms and variations
- ELN
- EPN
- Equity-linked bond
- Equity-linked note 1.
- Stock-linked note